848 2nd Ave ,Other, Quadruplex, Progresso for Sale

848 2nd Ave for Sale

Price $1,300,000.00

  • Lot size 1936
  • Year Build 1973
  • Waterfront
  • Zip 33311
  • Style Other
  • Parking Description
  • Pool Yes
  • Status Active
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Description

This legal FIVEPLEX consists of three 1/1 & two Studios. This is a unique property to own in fast developing sub division of Progresso Village, close to downtown Ft Lauderdale. Adjacent to the newly opened popular ?ALDI? supermarket & ?WAWA?. On East side are newly built Townhomes. Lot of upcoming new construction nearby. This property is worth its land value many times! The property is well maintained & all tenants are long-term, on yearly leases. There is a heavy demand for rentals in this location. The Yearly Rental Gross Income is $74,856 & once all leases renewed in 2023, gross rent to be $85,982. The Complex has a Laundromat (one Coin washer & Dryer) generating extra income. Expenses include Lawn, Water, common electric, Insurance & Property Taxes. Tenants will NOT be disturbed.

5th unit is studio leased at $1366/m. All 5 units rented. 3 one bedrooms and 2 studios total, LEGAL FIVEPLEX. Offers must include Proof of Funds. Showing by Appointment only. PLEASE TEXT 786-529-2998 TO SCHEDULE.

PROGRESSO 2-18 D LOT 47,48 BLK 260

Less Than 1/4 Acre Lot

This legal FIVEPLEX consists of three 1/1 & two Studios. This is a unique property to own in fast developing sub division of Progresso Village, close to downtown Ft Lauderdale. Adjacent to the newly opened popular ?ALDI? supermarket & ?WAWA?. On East side are newly built Townhomes. Lot of upcoming new construction nearby. This property is worth its land value many times! The property is well maintained & all tenants are long-term, on yearly leases. There is a heavy demand for rentals in this location. The Yearly Rental Gross Income is $74,856 & once all leases renewed in 2023, gross rent to be $85,982. The Complex has a Laundromat (one Coin washer & Dryer) generating extra income. Expenses include Lawn, Water, common electric, Insurance & Property Taxes. Tenants will NOT be disturbed.

City:Fort Lauderdale,Zoning:RMM-25,Cooling:1:Wall/Window Unit(s),List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2022,Latitude:26.1348324,Cooling Y N:1,Heating Y N:1,List Price:1300000,Listing Id:A11305627,Longitude:-80.1458242,Mls Status:Active,Year Built:1973,Living Area:1936,Postal Code:33311,Street Name:2nd Ave,Coordinates:1:26.1348324,Photos Count:2,Building Name:PROGRESSO,Days On Market:41,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M L S Area Major:Progresso,On Market Date:2022-12-14,Parcel Number:494234063450,Parking Total:8,Property Type:Residential Income,Rent Includes:1:Gardener,2:Other Rent Incl,3:Water,Stories Total:1,Street Number:848,M I A M I R E_ Style:Fourplex,Public Remarks:This legal FIVEPLEX consists of three 1/1 & two Studios. This is a unique property to own in fast developing sub division of Progresso Village, close to downtown Ft Lauderdale. Adjacent to the newly opened popular ?ALDI? supermarket & ?WAWA?. On East side are newly built Townhomes. Lot of upcoming new construction nearby. This property is worth its land value many times! The property is well maintained & all tenants are long-term, on yearly leases. There is a heavy demand for rentals in this location. The Yearly Rental Gross Income is $74,856 & once all leases renewed in 2023, gross rent to be $85,982. The Complex has a Laundromat (one Coin washer & Dryer) generating extra income. Expenses include Lawn, Water, common electric, Insurance & Property Taxes. Tenants will NOT be disturbed.,Structure Type:1:Fourplex,County Or Parish:Broward County,Expiration Date:2023-05-01,List Office Name:Compass Florida, LLC,Private Remarks:5th unit is studio leased at $1366/m. All 5 units rented. 3 one bedrooms and 2 studios total, LEGAL FIVEPLEX. Offers must include Proof of Funds. Showing by Appointment only. PLEASE TEXT 786-529-2998 TO SCHEDULE.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:7486,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:PROGRESSO,Tax Annual Amount:9738,Unparsed Address:848 NW 2nd Ave, Fort Lauderdale FL 33311,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:1936,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:671.4876,Original List Price:1300000,Public Survey Range:49,Documents Available:1:Copy Of Lease(S),2:Rent Rolls,I D X Participation Y N:1,Syndication Remarks:This legal FIVEPLEX consists of three 1/1 & two Studios. This is a unique property to own in fast developing sub division of Progresso Village, close to downtown Ft Lauderdale. Adjacent to the newly opened popular ?ALDI? supermarket & ?WAWA?. On East side are newly built Townhomes. Lot of upcoming new construction nearby. This property is worth its land value many times! The property is well maintained & all tenants are long-term, on yearly leases. There is a heavy demand for rentals in this location. The Yearly Rental Gross Income is $74,856 & once all leases renewed in 2023, gross rent to be $85,982. The Complex has a Laundromat (one Coin washer & Dryer) generating extra income. Expenses include Lawn, Water, common electric, Insurance & Property Taxes. Tenants will NOT be disturbed.,Listing Contract Date:2022-12-14,Originating System I D:miamire,Public Survey Section:34,Showing Instructions:Appointment Only,See Broker Remarks,Street Number Numeric:848,Tax Legal Description:PROGRESSO 2-18 D LOT 47,48 BLK 260,Public Survey Township:49,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:.01%,M I A M I R E_ Adjusted Area S F:1936,Contract Status Change Date:2022-12-14,Internet Address Display Y N:1,Number Of Units In Community:4,Internet Consumer Comment Y N:1,M I A M I R E_ Attribution Contact:786-529-2998,Transaction Broker Compensation:2%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:671.49,Internet Automated Valuation Display Y N:1,

  • Price $1,300,000.00
  • Price Change: 2022-11-20
  • Lot size sq. ft.
  • Price per sq.ft. $
  • Year Build 1973
  • Waterfront
  • View
  • Pool Yes
  • Style Other
  • Construction
  • Parking Description
  • Flooring Type Tile
  • Property Type Residential Income
  • Status Active
  • Listed 2022-11-20
  • Days on Market 48
  • Furnished
  • City Fort Lauderdale
  • Zip 33311
  • State Florida
  • Subdivision
  • Development Name PROGRESSO
  • HOA Fees
  • Taxes 9738
  • Taxes Year 2022